In the graph of the simple linear regression equation, the parameter ß₀ represents the ___________ of the true regression line. A)slope B)x-intercept C)y-intercept D)end-point

Question

Quizplus · Accepted Answer

ß₀ represents the y-intercept of the true regression line. It is the value of y when x is equal to 0. Therefore, the correct answer is C, which is the y-intercept.

In the Graph of the Simple Linear Regression Equation, the Parameter